Settings8H · net · $10k
Funding arb · Price arb /

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.048%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1541.538% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.048%, 7d avg +0.038%
Together, before fees+0.068%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.086% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RUNEUSDTM0.63030.0100pay 0.0100% / 8h2h 44m$971K$363K50x
ShortMEXC RUNE_USDT0.63000.0100get 0.0100% / 8h2h 44m$3.5M$3.6M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.048% → +0.038%
−$8.56
Slippage, 4 orders
−$137.75
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$162.31
Costs to cover
1.538%
Break-even
never at this rate
Slippage from KuCoin: live order book, 50 min ago; MEXC: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 50 min ago6.30 bp95.7 bp −$96239.3 bp −$2,393doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.59 bp5.8 bp −$632.1 bp −$321105.2 bp −$10.5K236.6 bp −$118.3K

RUNE on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit RUNE_USDC-PERPETUAL0.0000%1h0.6295−0.127%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.348%$7$1412xas long as short
BloFin RUNE-USDT+0.0097%8h0.6293−0.159%$432K$208K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6297−0.091%$4.8M$16.0M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6302−0.016%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.63030.000%$624K$366K50xas long as short
MEXC RUNE_USDTshort+0.0100%8h0.6300−0.048%$3.5M$3.6M125x
KuCoin RUNEUSDTMlong+0.0100%8h0.6303long leg$971K$363K50x
Bitget RUNEUSDT+0.0100%8h0.6302−0.016%$1.5M$781K50xas long as short
BingX RUNE-USDT+0.0100%8h0.63030.000%$58.9Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6303−0.002%$185K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6303+0.005%$4K$154K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0624%1h0.6395+1.460%$38K$30K25xas long as short
dYdX RUNE-USD+0.0772%1h0.6294−0.144%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0826%1h0.6300−0.055%$162K$313K20xas long as short
Hyperliquid RUNE+0.1544%1h0.6305+0.038%$1.8M$1.1M5xas long as short